Cornell’s business accelerator for student startups, eLab, recently announced its 2017-18 cohort of 15 startups. The for-credit program puts startups through a rigorous nine-month process of refining and improving their ideas.
Established in 2008 by Student Agencies Foundation and Entrepreneurship at Cornell, eLab provides mentorship and training for teams of students who have startup ideas. The teams enroll in credit-bearing courses and workshops that teach them to develop their business models via customer discovery, and the eLab teaching team helps the startups connect to alumni mentors and other resources.
After completing eLab, many startups go on to launch their businesses and raise funds. eLab alumni successes include Eversound (2015) which secured $3 million in funding from venture capital groups for its wireless headphone product, and Kreyol Essence (2014), a maker of beauty products that is now involved in a Sephora pilot program for female entrepreneurs.